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Economic distress

Budgetary targets: Govt to take fiscal measures set by IMF: Dar

ISLAMABAD: Finance Minister Ishaq Dar said Monday that a discussion with the International Monetary Fund (IMF) in...

Updated 12 Jan, 2023 09:50pm

Business & Finance

Pakistan: Economic Management Support: ADB’s IED rates tech assistance as successful, relevant

ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated technical...

Published 12 Jan, 2023 05:51am

Business & Finance

Next two years: WEF foresees 10 major risks

ISLAMABAD: Pakistan may face digital vulnerability and cybersecurity, rapid inflation, debt crisis, possible state...

Published 12 Jan, 2023 05:51am

Business & Finance

NA body chief blames Dar, others for current economic crisis

KARACHI: Chairman of the National Assembly Standing Committee on Finance Qaiser Sheikh on Wednesday held federal...

Published 12 Jan, 2023 05:51am

Privatisation: govt delists SME Bank

ISLAMABAD: The government has delisted SME Bank from privatisation list as no bank is ready to acquire it due to its...

Updated 12 Jan, 2023 08:53am

Business & Finance

KSB Pumps says it will resume operations from Thursday

KSB Pumps Company Limited (KSBP), a manufacturer of industrial pumps, has announced to end its 10-day long...

Published 11 Jan, 2023 05:10pm

Business & Finance

Dar says foreign exchange held with commercial banks property of citizens

Finance minister rejects rumours of govt mulling seizing control of FCY funds held with commercial banks

Updated 12 Jan, 2023 12:22am

Pakistan

Ball is in our court now, says PM Shehbaz post Geneva conference

Finance Minister Dar says 90% pledges are project loans

Updated 11 Jan, 2023 04:57pm

Business & Finance

FPCCI holds another conference to formulate ‘national economic plan’

KARACHI: As the country grapples with severe economic challenges, the Federation of Pakistan Chambers of Commerce ...

Published 11 Jan, 2023 07:11am

Opinion

FDI: disastrous policies

This writer has been writing following in response to the news that the Government of Pakistan is considering...

Published 11 Jan, 2023 06:33am

Opinion

Pakistan: true potential of fashion industry

The apparel sector in Pakistan is the biggest industry that propagated the idea of brands in the minds of consumers....

Published 11 Jan, 2023 06:22am

KSA says could boost investments to $10bn

DUBAI: The Kingdom of Saudi Arabia (KSA) said it could increase its investments in the cash-strapped Pakistan...

Updated 11 Jan, 2023 08:57am

World Bank projects 2pc growth

ISLAMABAD: The World Bank has projected Pakistan’s GDP growth rate at two percent in the fiscal year 2022-23, half...

Published 11 Jan, 2023 05:53am

Markets

'Non-availability of imported raw material': Diamond Industries suspends operations

Company says suspension of manufacturing operations for short term till further notice

Published 10 Jan, 2023 04:45pm

Markets

Edible oil shortage looms in Pakistan as dollar reserves fall

Edible oil stocks for three weeks are left in the country as traders remained unsuccessful to secure Letters of...

Updated 10 Jan, 2023 06:25pm

Opinion

Galloping inflation

Pakistan today is experiencing high and rising rate of inflation. This is the highest inflation after 1973-74 and...

Published 10 Jan, 2023 06:00am

Opinion

Pakistan’s deepening crisis

Pakistan’s crisis is deepening by the day. First and foremost, it’s the economy stupid! Pakistan has throughout its...

Updated 10 Jan, 2023 06:47am

Opinion

Faltering exports

The textile exports are faltering since July 2022. They have been growing rapidly for the previous two years, but we...

Updated 10 Jan, 2023 06:51am

Govt criticised for allowing import of luxury cars

KARACHI: The value-added textile exporters on Monday slammed the coalition government of Pakistan Democratic...

Updated 10 Jan, 2023 09:06am

Pakistan may dodge default in next 6 months: Bloomberg

ISLAMABAD: Pakistan is likely to dodge default in the next six months, but its troubles are not over, stated...

Updated 10 Jan, 2023 08:54am

Editorials

Expenditure must be curtailed

EDITORIAL: The government is in the throes of an acute dollar and rupee shortage (attributable to lack of fiscal...

Updated 10 Jan, 2023 06:42am

Pakistan

Pakistan likely to dodge default in next 6 months, but troubles not over: Bloomberg

Report says investors are now worried about a big dollar debt repayment in April 2024, and pricing those bonds at a distressed level

Updated 09 Jan, 2023 06:39pm

Opinion

PTI needs to introspect about its own motives

PTI (Pakistan Tehreek-e-Insaf) may be ready for the elections but the real question is whether the party is ready ...

Published 09 Jan, 2023 06:01am

Business & Finance

Realtors can help meet country’s economic challenges: EAA chief

ISLAMABAD: Real estate business leaders on Sunday demanded a level playing field and facilities in business to...

Published 09 Jan, 2023 06:00am

Business & Finance

Economy is in dire straits, warns BMP

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) has warned that...

Updated 09 Jan, 2023 06:21am

Stalled bailout: IMF team to meet Dar in Geneva

ISLAMABAD: A delegation of International Monetary Fund (IMF) will meet Finance Minister Ishaq Dar on the sidelines...

Updated 09 Jan, 2023 08:49am

LCs: Large steel sector seeks govt’s help

ISLAMABAD: Pakistan Association of Large Steel Producers has urged the State Bank of Pakistan (SBP) and Minister for...

Updated 09 Jan, 2023 08:51am

Editorials

PTI’s ‘White Paper’

EDITORIAL: Pakistan Tehreek-e-Insaf (PTI) launched a white paper on the state of the economy with party chief and...

Published 09 Jan, 2023 06:00am

Imran Khan says country at the crossroads, demands free, fair elections

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan said on Sunday that the country was facing the biggest...

Updated 09 Jan, 2023 08:50am

Opinion

The problem is cheap point-scoring

In a ‘rejoinder’, Pakistan Tehrik-e-Insaf (PTI) leader Shaukat Tarin has accused finance minister Ishaq Dar of...

Published 08 Jan, 2023 03:48am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	278.27
USD PKR Interbank Buying / May 14	278.07
USD to Japanese Yen / May 14	156.42
USD to Swiss Franc / May 14	0.91
Pound Sterling to USD / May 14	1.26
Euro to USD / May 14	1.08

Stock	Volume
S&P 500 / May 13	5221.42
Nasdaq / May 13	16388.24
FTSE 100 / May 13	8414.99
Dow Jones / May 13	39431.51
Germany DAX 30 / May 13	18742.22
France CAC40 / May 13	8209.28
India Sensex / May 14	72853.85
Tokyo Nikkei / May 14	38227.19

Item	Value
Karachi Cotton PKR/37.32 KG / May 13	19935
Gold 10 Grams PKR / May 13	207733
Petrol/Litre / May 14	288.49
Crude Oil USD/Barrel / May 14	79.23
Gold Spot USD/Ounce / May 14	2344.20
Diesel/Litre / May 14	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 14 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 14 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 14 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 14 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 14 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 14 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 14 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 14 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 14 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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